CHICAGO, April 19, 2023 /PRNewswire/ — According to Arizton’s latest research report, the ground and cargo handling services market will grow at a CAGR of 5.65% during 2022-2028.
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Ground and Cargo Handling Services Market
BROWSE IN-DEPTH TOC ON THE GROUND AND CARGO HANDLING SERVICES MARKET
80 – Tables
107 – Charts
268 – Pages
Ground and cargo handling activities are crucial for the smooth operations of airlines. Companies that deliver these services need to ensure the safety and care of cargo and be punctual. Therefore, ground and cargo handling service companies must abide by the service level agreements to ensure zero negligence. Service providers run their operations on partner airlines as the time available to ground staff is limited, considerably increasing human or equipment errors. These errors can prove quite costly for airliners. The cost involves additional fees paid to airport authorities, passenger discomfort, and extra cost per available seat mile. These added expenses borne by airlines can reflect heavily on vendors providing ground handling services to airlines.
The increased number of air passengers directly drives the demand for adequate ground and cargo handling services. Also, the technological innovations in ground and cargo handling systems aim to lessen errors and speed up procedures to provide timely data through the entire value chain, involving airplane manufacturers, engineers, operators, and vendors offering ground handling services. The aviation industry has witnessed huge investments in enhancing passenger experience, improving airplane and flight systems, and advancing technological innovations in ground and cargo handling.
Ground and Cargo Handling Services Market Report Scope
|
Report Attributes |
Details |
|
Market Size (2028) |
USD 43.80 Billion |
|
Market Size (2022) |
USD 31.50 Billion |
|
CAGR (2022-2028) |
5.65 % |
|
Base Year |
2022 |
|
Forecast Year |
2023-2028 |
|
Market Segmentation |
Service, Airline, and Geography |
|
Geographic Analysis |
North America, Europe, APAC, Latin America, and Middle East & Africa |
|
Countries Covered |
The US, Canada, Russia, Germany, The UK, France, Italy, Spain, China, Japan, South Korea, India, Indonesia, Australia, Malaysia, the UAE, Turkey, Saudi Arabia, South Africa, Brazil, Mexico, and Argentina |
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Booming Global Air Travel & Freight Industry Driving the Market Demand
Ground and cargo handling services are essential for airlines. Several airlines outsource these activities to third-party companies and often prefer established ground and cargo handling services brands. The increased number of air passengers directly drives the demand for ground and cargo handlers. It can be costly for airlines to provide in-house ground handling services at all airports and stations. This is mainly because of variations in currency values and regulations across geographies. The number of domestic and international air travelers is expected to grow during the forecast period. It is also expected that the number of airplanes will almost double by 2035. Hence, the demand for ground and cargo handling services is growing globally.
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North America ground and cargo handling services market to reach $13 Billion by 2028
North America remains one of the crucial regions for economic growth and development. The US and Canada are expected to witness a stable growth rate in the next few years. The US economy is anticipated to outperform other advanced economies in terms of the absolute pace of expansion. North America is the second-largest market for ground and cargo handling services. The US is the largest ground and cargo handling service market in standalone countries. In 2019, the demand for North American airlines increased by 4.4% in June 2019 compared with June 2016. North America’s comparatively robust economic backdrop is expected to continue supporting passenger departures. However, inbound travel is affected by additional security measures to travel to the US.
Key Company Profiles
Swissport
Dnata
Menzies Aviation
Worldwide Flight Services (WFS)
Bird Group Aviation
Celebi Aviation
SATS
Aviapartner
BBA Aviation
DHL
Fraport
Glamco Aviation
PrimeFlight Aviation Services
Havaş
Transworld Aviation
Qatar Aviation Services
Jardine Aviation Services
Gategroup
POS Aviation
Goldair Handling
Aeromexico Services
Airline Assistance Switzerland
Acciona
Market Segmentation
Service
Ground Handling
Passengers and Baggage Handling Service
Aircraft & Apron Handling Service
Cargo Handling
Cargo & Freight Handling Service
Logistics Handling Service
Airline
Passengers Airline
Ground Handling
Cargo Handling
Cargo Airline
Ground Handling
Cargo Handling
Charter Airline
Ground Handling
Cargo Handling
Geography
North America
The U.S.
Canada
Europe
Russia
Germany
The U.K.
France
Italy
Spain
APAC
China
Japan
South Korea
India
Indonesia
Australia
Malaysia
Middle East & Africa
The UAE
Turkey
Saudi Arabia
South Africa
Latin America
Brazil
Mexico
Argentina
Table of Content
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.4 MARKET SEGMENTATION
4.4.1 MARKET BY SERVICE
4.4.2 MARKET BY AIRLINE
4.4.3 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS and CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 PREMIUM INSIGHTS
7.1 OVERVIEW
7.2 FUTURE MARKET OPPORTUNITIES and GROWTH ENABLERS
7.2.1 EXPANSION OF THE AVIATION INDUSTRY
7.2.2 BOOMING GLOBAL AIR TRAVEL
7.3 SEGMENTATION ANALYSIS
7.3.1 INSIGHTS BY SERVICE
7.3.2 INSIGHTS BY AIRLINE
7.4 GEOGRAPHICAL ANALYSIS
7.5 COMPETITIVE LANDSCAPE
8 INTRODUCTION
8.1 OVERVIEW
8.2 REGIONAL AIR CARGO PERFORMANCE
8.2.1 ASIA PACIFIC AIRLINES
8.2.2 NORTH AMERICA CARRIERS
8.2.3 EUROPEAN CARRIERS
8.2.4 MIDDLE EASTERN CARRIERS
8.2.5 LATIN AMERICAN CARRIERS
8.2.6 AFRICAN AIRLINES
8.3 TOP FIVE GLOBAL LEADING AIRLINES IN 2022
8.3.1 AMERICAN AIRLINES
8.3.2 DELTA AIR LINES
8.3.3 UNITED AIRLINES
8.3.4 SOUTHWEST AIRLINES
8.3.5 RYANAIR
8.4 KEY GLOBAL AIR CARGO TRENDS
8.4.1 AIR CARGO CAPACITY RESTRICTIONS DUE TO RUSSIA & UKRAINE AIRSPACE CLOSURES
8.4.2 NEW CAPACITY HAMPERED BY EXTENDED WAITING TIMES FOR P2F CONVERSIONS
8.4.3 ELEVATED AIR FREIGHT RATES
8.5 IMPACT OF RUSSIA-UKRAINE WAR ON AVIATION INDUSTRY
8.5.1 IMPACT ON AIR PASSENGER TRAFFIC
8.5.2 IMPACT ON AIR CARGO TRAFFIC
8.6 GLOBAL ECONOMIC IMPROVEMENTS TO AID MARKET GROWTH
9 MARKET OPPORTUNITIES and TRENDS
9.1 INNOVATIONS IN GROUND & CARGO HANDLING SYSTEMS
9.2 RISE IN NUMBER OF AIR FREIGHT
9.3 EXPANSION OF AVIATION INDUSTRY
10 MARKET GROWTH ENABLERS
10.1 BOOMING GLOBAL AIR TRAVEL & FREIGHT INDUSTRY
10.2 INCREASE IN AIRLINE FLEET
10.3 FOCUS ON REDUCTION OF AIRLINE TAT
11 MARKET RESTRAINTS
11.1 FINANCIAL STRESS ON AIRLINES & VOLATILITY IN FUEL PRICES
11.2 LACK OF SKILLED WORKFORCE
11.3 DISRUPTIONS IN AIRPORT OPERATIONS
11.3.1 TERRORISM
11.3.2 DISEASE OUTBREAKS & NATURAL DISASTERS
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 FIVE FORCES ANALYSIS
12.2.1 THREAT OF NEW ENTRANTS
12.2.2 BARGAINING POWER OF SUPPLIERS
12.2.3 BARGAINING POWER OF BUYERS
12.2.4 THREAT OF SUBSTITUTES
12.2.5 COMPETITIVE RIVALRY
13 SERVICE
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 GROUND HANDLING
13.3.1 MARKET SIZE & FORECAST
13.3.2 MARKET BY GEOGRAPHY
13.3.3 PASSENGER & BAGGAGE HANDLING: MARKET SIZE & FORECAST
13.3.4 MARKET BY GEOGRAPHY
13.3.5 AIRCRAFT & APRON HANDLING: MARKET SIZE & FORECAST
13.3.6 MARKET BY GEOGRAPHY
13.4 CARGO HANDLING
13.4.1 MARKET SIZE & FORECAST
13.4.2 MARKET BY GEOGRAPHY
13.4.3 CARGO & FREIGHT HANDLING: MARKET SIZE & FORECAST
13.4.4 MARKET BY GEOGRAPHY
13.4.5 LOGISTICS HANDLING: MARKET SIZE & FORECAST
13.4.6 MARKET BY GEOGRAPHY
14 AIRLINE
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 PASSENGER AIRLINE
14.3.1 MARKET SIZE & FORECAST
14.3.2 MARKET BY GEOGRAPHY
14.3.3 PASSENGER AIRLINE GROUND HANDLING SERVICE MARKET BY GEOGRAPHY
14.3.4 PASSENGER AIRLINE CARGO HANDLING SERVICE MARKET BY GEOGRAPHY
14.4 CARGO AIRLINE
14.4.1 MARKET SIZE & FORECAST
14.4.2 MARKET BY GEOGRAPHY
14.4.3 CARGO AIRLINE GROUND HANDLING SERVICE MARKET BY GEOGRAPHY
14.4.4 CARGO AIRLINE CARGO HANDLING SERVICE MARKET BY GEOGRAPHY
14.5 CHARTER AIRLINE
14.5.1 MARKET SIZE & FORECAST
14.5.2 MARKET BY GEOGRAPHY
14.5.3 CHARTER AIRLINE GROUND HANDLING SERVICE MARKET BY GEOGRAPHY
14.5.4 CHARTER AIRLINE CARGO HANDLING SERVICE MARKET BY GEOGRAPHY
15 GEOGRAPHY
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 GEOGRAPHIC OVERVIEW
16 NORTH AMERICA
16.1 MARKET SIZE & FORECAST
16.2 SERVICE
16.2.1 MARKET SIZE & FORECAST
16.3 GROUND HANDLING
16.3.1 MARKET SIZE & FORECAST
16.4 CARGO HANDLING
16.4.1 MARKET SIZE & FORECAST
16.5 AIRLINE
16.5.1 MARKET SIZE & FORECAST
16.6 AIRLINE GROUND HANDLING
16.6.1 MARKET SIZE & FORECAST
16.7 AIRLINE CARGO HANDLING
16.7.1 MARKET SIZE & FORECAST
16.8 KEY COUNTRIES
16.8.1 US: MARKET SIZE & FORECAST
16.8.2 CANADA: MARKET SIZE & FORECAST
17 EUROPE
17.1 MARKET SIZE & FORECAST
17.2 SERVICE
17.2.1 MARKET SIZE & FORECAST
17.3 GROUND HANDLING
17.3.1 MARKET SIZE & FORECAST
17.4 CARGO HANDLING
17.4.1 MARKET SIZE & FORECAST
17.5 AIRLINE
17.5.1 MARKET SIZE & FORECAST
17.6 AIRLINE GROUND HANDLING
17.6.1 MARKET SIZE & FORECAST
17.7 AIRLINE CARGO HANDLING
17.7.1 MARKET SIZE & FORECAST
17.8 KEY COUNTRIES
17.8.1 RUSSIA: MARKET SIZE & FORECAST
17.8.2 GERMANY: MARKET SIZE & FORECAST
17.8.3 UK: MARKET SIZE & FORECAST
17.8.4 FRANCE: MARKET SIZE & FORECAST
17.8.5 ITALY: MARKET SIZE & FORECAST
17.8.6 SPAIN: MARKET SIZE & FORECAST
18 APAC
18.1 MARKET SIZE & FORECAST
18.2 SERVICE
18.2.1 MARKET SIZE & FORECAST
18.3 GROUND HANDLING
18.3.1 MARKET SIZE & FORECAST
18.4 CARGO HANDLING
18.4.1 MARKET SIZE & FORECAST
18.5 AIRLINE
18.5.1 MARKET SIZE & FORECAST
18.6 AIRLINE GROUND HANDLING
18.6.1 MARKET SIZE & FORECAST
18.7 AIRLINE CARGO HANDLING
18.7.1 MARKET SIZE & FORECAST
18.8 KEY COUNTRIES
18.8.1 CHINA: MARKET SIZE & FORECAST
18.8.2 JAPAN: MARKET SIZE & FORECAST
18.8.3 SOUTH KOREA: MARKET SIZE & FORECAST
18.8.4 INDIA: MARKET SIZE & FORECAST
18.8.5 INDONESIA: MARKET SIZE & FORECAST
18.8.6 AUSTRALIA: MARKET SIZE & FORECAST
18.8.7 MALAYSIA: MARKET SIZE & FORECAST
19 MIDDLE EAST & AFRICA
19.1 MARKET SIZE & FORECAST
19.2 SERVICE
19.2.1 MARKET SIZE & FORECAST
19.3 GROUND HANDLING
19.3.1 MARKET SIZE & FORECAST
19.4 CARGO HANDLING
19.4.1 MARKET SIZE & FORECAST
19.5 AIRLINE
19.5.1 MARKET SIZE & FORECAST
19.6 AIRLINE GROUND HANDLING
19.6.1 MARKET SIZE & FORECAST
19.7 AIRLINE CARGO HANDLING
19.7.1 MARKET SIZE & FORECAST
19.8 KEY COUNTRIES
19.8.1 UAE: MARKET SIZE & FORECAST
19.8.2 TURKEY: MARKET SIZE & FORECAST
19.8.3 SAUDI ARABIA: MARKET SIZE & FORECAST
19.8.4 SOUTH AFRICA: MARKET SIZE & FORECAST
20 LATIN AMERICA
20.1 MARKET SIZE & FORECAST
20.2 SERVICE
20.2.1 MARKET SIZE & FORECAST
20.3 GROUND HANDLING
20.3.1 MARKET SIZE & FORECAST
20.4 CARGO HANDLING
20.4.1 MARKET SIZE & FORECAST
20.5 AIRLINE
20.5.1 MARKET SIZE & FORECAST
20.6 AIRLINE GROUND HANDLING
20.6.1 MARKET SIZE & FORECAST
20.7 AIRLINE CARGO HANDLING
20.7.1 MARKET SIZE & FORECAST
20.8 KEY COUNTRIES
20.8.1 BRAZIL: MARKET SIZE & FORECAST
20.8.2 MEXICO: MARKET SIZE & FORECAST
20.8.3 ARGENTINA: MARKET SIZE & FORECAST
21 COMPETITIVE LANDSCAPE
21.1 COMPETITION OVERVIEW
22 KEY COMPANY PROFILES
22.1 DNATA
22.1.1 BUSINESS OVERVIEW
22.1.2 PRODUCT OFFERINGS
22.1.3 KEY STRATEGIES
22.1.4 KEY STRENGTHS
22.1.5 KEY OPPORTUNITIES
22.2 MENZIES AVIATION
22.3 SWISSPORT
22.4 WORLDWIDE FLIGHT SERVICES
23 OTHER PROMINENT VENDORS
23.1 ACCIONA
23.1.1 BUSINESS OVERVIEW
23.1.2 PRODUCT OFFERINGS
23.2 AEROMEXICO
23.3 AIRLINE ASSISTANCE SWITZERLAND
23.4 AVIAPARTNER
23.5 BBA AVIATION
23.6 BIRD GROUP
23.7 CELEBI AVIATION
23.8 DHL
23.9 FRAPORT
23.10 GATEGROUP
23.11 GLAMCO AVIATION
23.12 GOLDAIR HANDLING
23.13 HAVAS
23.14 JARDINE AVIATION SERVICES
23.15 POS AVIATION
23.16 PRIMEFLIGHT AVIATION
23.17 QATAR AVIATION SERVICES
23.18 STATS
23.19 TRANSWORLD AVIATION
24 REPORT SUMMARY
24.1 KEY TAKEAWAYS
24.2 STRATEGIC RECOMMENDATIONS
25 QUANTITATIVE SUMMARY
25.1 MARKET BY GEOGRAPHY
25.2 MARKET BY SERVICE
25.3 MARKET BY GROUND HANDLING
25.4 MARKET BY CARGO HANDLING
25.5 MARKET BY AIRLINE
25.6 MARKET BY AIRLINE GROUND HANDLING
25.7 MARKET BY AIRLINE CARGO HANDLING
26 APPENDIX
26.1 ABBREVIATIONS
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